NEW YORK, NY, Mar 07, 2012 (MARKETWIRE via COMTEX) --Consolidated Edison Company of New York, Inc. is calling for
redemption on May 1, 2012 all outstanding shares of its preferred
The series of preferred stock to be redeemed and the applicable
redemption price per share payable for each series are shown below.
The redemption prices do not include the dividends on the preferred
stock that were declared on February 16, 2012, which are payable, and
will be paid separately in the usual manner, on May 1, 2012 to
stockholders of record as of April 11, 2012.
Series Per Share
$5 Cumulative Preferred Stock $105.00
Cumulative Preferred Stock, 4.65% Series C $101.00
Cumulative Preferred Stock, 4.65% Series D $101.00
The Redemption Agent will be providing each registered owner of the
preferred stock with a Letter of Transmittal to complete and deliver
to the Redemption Agent along with the registered owner's preferred
stock certificates. The name and address of the Redemption Agent is:
BNYMellon Shareowner Services
Attn: Corporate Action Dept, 27th
480 Washington Blvd.
Jersey City, New Jersey 07310
Consolidated Edison Company of New York, Inc. is a subsidiary of
Consolidated Edison, Inc. (NYSE: ED), one of the nation's largest
investor-owned energy companies, with approximately $13 billion in
annual revenues and $39 billion in assets. The utility provides
electric, gas and steam service to more than 3 million customers in
New York City and Westchester County, New York.
SOURCE: Con Edison Co. of NY, Inc.